Do not hold prejudices against any activities that can bring profits.
In the current market cycle, Meme coins are one of the core themes. No matter how pessimistic you are, you should participate personally.
After all, VC coins continue to decline, while Meme coins still have opportunities for profit, even with player versus player (PVP) competition, and there are not a few cases of getting rich quickly.
As a newcomer to Meme coins, I have organized and shared my personal learning path to better grasp the gameplay. Teaching others is also a process of deepening learning.
01 Establishing Awareness#
Before entering an unfamiliar field, you need to build an overall understanding; otherwise, you will be relying solely on luck.
Prepare Mentally:#
Participating in Meme coins is like buying a lottery ticket; you must accept the risk that your principal may go to zero, but systematic learning can improve your success rate.
Form a Preliminary Understanding:#
What are Meme coins? They are products derived from community sentiment and culture.
Why participate in Meme coins? To bet small for big gains, pursuing a turnaround rather than just simple doubling.
What are the risks of Meme coins? They are filled with conspiracy groups and experience extreme volatility.
Master Basic Concepts:#
Pixiu Coin: The contract maliciously restricts trading; you can only buy and cannot sell, and once purchased, it goes to zero.
Clips: Front-running bots set high Gas fees to prioritize trades, causing ordinary users to buy at high prices or sell at low prices, profiting from the difference.
Smart Money: Wallet addresses of high-yield users on the chain, which can be tracked for their investment choices.
Internal Market/External Market: Tokens that have not successfully listed on the issuance platform are in the internal market; after adding liquidity on DEX, they enter the external market.
Classification of Meme Coins:#
Hot Type: Riding on keywords of Elon Musk, CZ, Vitalik, or major events to gain short-term traffic.
Narrative Type: Issued based on popular narratives in the industry, such as DeSci + Meme or AI + Meme.
Cultural Type: Requires cultural support, usually animal-themed, like Sad Frog or Doge memes.
Mechanism Type: Coins with innovative mechanisms, such as $people, the first DAO.
Pyramid Scheme Type: Air coins that recruit people online and offline.
Daily Routine of Meme Coin Players:#
Follow Trends: Follow a large number of Chinese and English Meme coin KOL accounts on Twitter to get the latest updates.
Join Groups: Join discussion groups to observe changes in member sentiment.
Follow Chains: Keep a close eye on tokens transitioning from the internal market to the external market.
Core Principles#
Speed is paramount; only the fast survive.
Avoid being overly attached; do not become a diamond hand.
Strict risk control; take profits and cut losses in a timely manner.
02 Practical Operation: Methodology#
Step 1: Discover Potential New Coins (Scan the Chain)
Assess Token Contract Security#
Is it a Pixiu plate? Use common tools to check contract code and identify trading restrictions or locking mechanisms.
Is the contract open source? Open-source code is easier to audit and prevents developers from leaving backdoors.
Have token permissions been discarded? After discarding permissions, the issuer cannot issue more tokens.
Is the liquidity pool locked? Locking liquidity pools prevents large withdrawals that could trigger a crash.
Analyze Chip Distribution#
Token Market Value: Ideal liquidity pool value exceeds 100 SOL.
Number of Holders: Best to have over 1000 addresses.
Recent Trading Volume: More than 60 transactions within 1 minute or over 600 transactions within 5 minutes.
Top Ten Holders' Proportion: 15%-25% is healthy, 25%-35% is sub-healthy, over 35% is unhealthy.
Investigate Project Background#
Have developers run away? Check the team's past projects to see if they suddenly stopped updating or disappeared.
Is the team buying ads on Dexscreener? Paid ads indicate project confidence.
Official Twitter of the token: Check activity level, follower count, community interaction, and content quality.
TG Community Link: Assess activity level, number of members, admin responsiveness, and AMA events.
Is there KOL promotion? Multiple promotions reflect a stable community.
Step 2: Track Smart Money Movements (Copy Trading)
Officially marked addresses have limited reference value; you need to build your own smart money watchlist.
How to find smart money: Follow early large holders of high-gaining Meme coins, high-yield traders, or early buyers, as well as active players and KOL addresses on the chain.
Filter based on your trading habits to avoid excessive wallets causing information interference.
Step 3: Execute Buy and Sell Operations (Trading)
Market Sentiment: Grasping sentiment is key; exit promptly at community FOMO peaks. Judging FOMO peaks requires combining community atmosphere and on-chain indicators, with many subjective factors.
Risk Management: Set stop-loss points to avoid emotional trading; human nature tends to chase highs and sell lows, so disciplined investing is crucial.
Timing Selection: Pay attention to news events or social media hotspots; technical indicators often fail in Meme coins, so focus on event-driven factors.
Phase Judgment: Identify wash trading or selling; wash trading features front-row selling and back-row buying with similar quantities; selling features early profit-takers dumping, requiring consideration of following trends.
03 Long-term Learning#
🔥🔥🔥 Alpha finds useful tools for dog coins
1️⃣ Axiom Dog Coin Tool https://axiom.trade
2️⃣ Gmgn Dog Coin Tool https://gmgn.ai
3️⃣ dbot Dog Coin Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
04 Summary#
When trading Meme coins, more effort can indeed improve the win rate.
Therefore, experienced players are extremely diligent, monitoring the market and trading around the clock.
However, for ordinary users, experiencing the fast-paced Meme coin market is equally valuable, not only for profit but also for learning the trading path.
Finally, I will continue to update my personal learning progress, hoping to assist everyone.
from @YueXiaoYu
Solving the Issue of Inaccessibility to OKX Exchange in China#
Many exchanges' original domain names may be blocked or experience access delays due to overseas servers, leading ordinary users to mistakenly judge it as a platform failure. It is actually due to the network environment, not a service interruption. Therefore, platforms like OKX and Binance regularly update backup domain names to ensure users can access the official website through alternative addresses.
-
- OKX Backup Domain Overseas OKX - Requires VPN or Backup Link
-
- Binance Backup Domain Binance
-
- Bitget Backup Domain Bitget
-
- Bybit Backup Domain Bybit/Bybitglobal
-
- Huobi HTX Backup Domain Huobi/HTX
-
- Gate.io Backup Domain Gate.io
Related Reading#
2025 China's Top Ten Virtual Currency Trading Platforms Latest Ranking is Out 🔥【Worth Collecting】
Everyone is Searching#
Buying Bitcoin in China, depin small grass hanging, taker mining, taker diamond, how to receive small grass grass airdrop, trading exchanges, OKX download registration, domestic OKX recharge, Binance App registration, Binance App download, Binance platform buying coin tutorial, Binance registration, Binance airdrop registration, Binance Apple download, how to buy presidential coins, how to buy Dogecoin, purchasing Bitcoin with RMB, how to download OKX, web3 airdrop, web3 zero airdrop, Bitget mainland download registration, OKX passport registration, OKX download, Binance download, trading coins as a side job, OKX contracts, how to recharge RMB in OKX, how to recharge in OKX, how to create an NFT wallet, how to recharge RMB in Huobi, beginner's tutorial in the crypto world, btc8848.com, trading contracts Tony's mindset, contract leverage bit wave, DeFi mining, crypto world airdrop, can crypto world airdrops still be played, what to do if contracts are liquidated, how to buy presidential coins on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play DeFi staking mining, can NFTs still be played, how to play web3 airdrop, how to inscribe, how to rune, crypto world beginner's guide, how to trade coins, can trading coins make money, crypto world beginner's tutorial btc8848.com, can trading coins make money, what is contract leverage, DeFi mining, how to play crypto world airdrop, OKX airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz